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Markets

Week ahead: Dubai Airshow kicks off, aerospace stocks rejoice

The Dubai Airshow launched on Monday, with investors anticipating billions of dollars worth of new orders, pulling up aerospace stocks.

Markets

Weekly market wrap: European stocks fall on earnings miss

European stocks saw a turbulent week as several companies missed earnings forecasts and US yields climbed.

Markets

Weekly commodities wrap: Precious metals flounder due to hawkish Fed

Precious metals were pressured this week following Fed Chair Jerome Powell’s comments hinting at tighter monetary policy.

Business

How a cyberattack crippled the world's largest bank for hours

The US unit of Industrial & Commercial Bank of China had been hit by a cyberattack, forcing it to trade via a UBS stick.

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Markets

How is the weather affecting natural gas prices in Europe?

Natural gas prices in Europe rose 15% in October and touched an eight month high last week as the cooler weather, in addition to other fundamentals, supported the commodity.

Markets

BoE and US Fed pause key rates in bid to bring down inflation

Investors digested the latest monetary policy announcements from the Bank of England and US Federal Reserve with both opting to keep rates unchanged this month.

Markets

Ørsted shares dive after throwing out US wind projects

Danish renewable energy group Ørsted plummeted on the Copenhagen Stock Exchange on Wednesday, following the cancellation of a huge offshore wind farm project in the US and €3.8 billion in write-downs.

Markets

High interest rates and weak demand hit Europe's economy

European markets were higher on Tuesday as investors digested a raft of economic data from across the Eurozone, as well as more corporate updates, including BP's latest earnings.

Markets

World Bank: Shock in oil and food prices if Israel Hamas war escalates

In its latest report, the World Bank outlines three possible scenarios and what they entail for the commodity markets.

Markets

European markets lower ahead of key ECB rate decision

The market's cautious mood comes after a wave of quarterly earnings reports, as traders ponder the ECB's next monetary policy moves due on Thursday.

Markets

Rouble strengthens after Putin reimposes currency controls

Moscow has imposed capital controls to prop up its currency, a similar move to the one that saved the rouble from collapsing in 2022 right after its full-scale invasion of Ukraine.

Markets

Birkenstock stumbles on Wall Street over pricey shares

Birkenstock stumbled in its stock market debut Wednesday, a day Wall Street traded in its wingtips for sandals.

Indonesia

Euroviews. Indonesia is fast becoming a formidable presence on the global stage

Amidst a global landscape riddled with rivalries, Indonesia continues to lead by example, advocating for nations to collaborate on pressing global issues — serving as a geopolitical and economic bridge, Arsjad Rasjid writes.

Markets

Billions at stake: Property giant Evergrande is facing new crisis

One of the world's biggest debt restructuring plans has been thrown into uncertainty raising fears of a major Chinese property crisis.

Markets

Oil prices keep rising, experts foresee $100 a barrel

After a short pause last week, oil prices are on the rise again fuelled by Russia's temporary ban.

Business

Cisco buying cybersecurity firm Splunk for $28 billion

The Silicon Valley tech giant Cisco will pay $157 per Splunk Inc share.

Markets

Toshiba to come off the stock exchange after consortium takeover

Toshiba will delist from the Tokyo Stock Exchange within about a month, ending its more than seven-decade history as a listed company.

Markets

Instacart sets IPO price at $30 a share

The price gives Instacart a market value of around $10 billion (€9.4 billion). That's far lower than the $39 billion valuation the company announced in early 2021.

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WATCH: Thousands gather for the 24th meeting of 2CV car friends

Watch as thousands gathered in Delemont, Switzerland, for the 24th world meeting of '2CV friends'.

United Kingdom

'Class war': London's street markets cling on against 'gentrification'

London's traditional street markets - the beating heart of many communities in the British capital - are being rapidly replaced with shopping malls, offices and luxury housing.